Imagine what'd happen if Stephen and/or Simon come back in next week, back to $2 in a couple weeks will become a reality.
LOL really , if you look around the whole sector has taken a pounding not just CXO and they were probably all getting well over priced on the last run up anyway. Trying to prop up a shareprice with feel good announcements is wasted in the current environment and with a falling Lithium price , we have seen several examples in other Lithium companies recently and incuding ourselves with the DSO shipment.
General sentiment moves the market , specific company updates just make some feel better and that's not the companies concern.
if you don't know what the company is trying to achieve then read what the company puts out and wait for the next quarterly or material update, they are not in the business of trying to fight market forces or keeping HC happy..
There will always be information vacuums at various times but we have already had two updates this year and were only two weeks into it, with a quarterly due shortly...not all updates are what you want to hear.
Unless you hear otherwise plant construction will be going to plan and putting out an extra announcement telling you that is hardly necessary or price sensitive.
Any Company that requires constant updates to try and prop its shareprice up has much bigger problems IMO...
Cheers Whisky
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